Higher Organising Committee of Annual Investment Meeting (AIM) 2016 calls for larger Kazakhstani presence at the three-day global event

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Higher Organising Committee of Annual Investment Meeting (AIM) 2016 calls for larger Kazakhstani presence at the three-day global event

HE Kairat Lama Sharif, the Ambassador of Kazakhstan to the UAE highlighted the significance of strong UAE-Kazakhstan relations, exposing that the UAE financial investments in Kazakhstan crossed AED 2 billion according to the Kazakhstani Ministry of Investment and Development. He elaborated that trade exchange tape-recorded USD 135 million by the end of 2015.

HE Lama Sharif unveiled that Kazakhstan wants to extend the credibility of the UAE visitors stay to 30 days, instead of the regular 15-day license. This remains in addition to the fact that UAE nationals are exempted from visa to Kazakhstan since July 2014.

This was exposed on the sidelines of a delegation check out headed by HE Lama Sharif to Dawood Al Shezawi, President of Annual Investment Meeting (AIM), among the world's leading Foreign Direct Investment (FDI) - focused platform. OBJECTIVE Higher Organising Committee, in partnership with the Embassy of the Republic of Kazakhstan to the UAE, presented to around 70 of Kazakhstani businessmen and investors information about 14 additional investment activities to be added during the 6th edition of AIM, calling them to take part in the area's most prominent FDI occasion.

HE Kairat Lama Sharif guaranteed their passion to facilitate Kazakhstani delegations to participate in AIM annually, mentioning that the Kazakhstani involvement in the 6th edition of AIM will be of broader scale. HE Lama Sharif revealed that the city of Almaty, the biggest city and financial center in Kazakhstan, is seeking to establish bilateral relations with Dubai Municipality to help business people in Kazakhstan to turn on financial relations with Emirati investors.

HE Lama Sharif states Kazakhstan sees great significance in UAE existence in Expo Astana 2017, which will be kept in the capital 'Astana' from 10th of June up until the 10th of September 2017. "The expo's official theme "Future Energy" will be on focus, so we see the UAE as an essential participant in this occasion, in the sense that the nation will be hosting the World Expo 2020. The UAE is the home of the IRENA-- The International Renewable Energy Agency regional headquarters, and has popular tasks in this domain. In addition, Astana city will host the 'Astana Expo-2017' in conjunction with the opening of the Abu Dhabi Plaza, a development that is anticipated to be the highest structure in Central Asia," added HE Lama Sharif.

Throughout his speech at the UAE-- Kazakhstan Business Matching, Dawood Al Shezawi, President of AIM, required bigger Kazakhstani presence in the upcoming global event. He stressed on the significance of Kazakhstan to participate in AIM this year by doing a Country Presentation, mentioning that Kazakhstan has actually taped strong existence over the past years and provided numerous appealing investment opportunities in the FDI sector. "We anticipate further partnership, and share the same vision in building diversified, sustainable and knowledge-based economies," he added.

More than 15,000 participants from over 140 nations will participate in the 6th edition of AIM, that will be held under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. According to Al Shezawi, participating in AIM will enhance opportunities for financiers and business from Kazakhstan to enhance their presence in the UAE, the region and the world, and will allow Kazakh business to develop brand-new collaborations and expand its company in worldwide markets through Dubai.

He included that AIM is the first event of its kind in the Middle East area in terms of providing wide variety of financial investment chances in a single platform. It plays a dominant function in promoting financial investment in emerging markets and fast-growing economies. He explained that the AIM works to stimulate FDIs throughout the world markets, add to reinforcing the nations' economies, and develop partnerships in numerous sectors and fields.

The occasion likewise saw involvement of a delegation from the city of Almaty, the largest city in Kazakhstan, seeking to establish bilateral relations with the UAE in sectors such as energy, oil, real estate, infrastructure, telecommunications, transportation and logistics.

Business Matching, which was also participated in by business people from the UAE, saw series of presentations associated with AIM 2016. Different elements and investment chances in both nations were highlighted.